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Derivative Instruments (Tables)
6 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of the location and fair value amounts of cash flow hedges
The following table provides information on the location and fair value amounts of our cash flow hedges as of June 30, 2016 and December 31, 2015:
(in millions)
Balance Sheet Location
 
June 30, 2016
 
December 31, 2015
Prepaid and other current assets 1
Foreign exchange forward contracts
$
4

 
$
1


1 
We use the income approach to measure the fair value of our forward currency forward contracts. The income approach uses pricing models that rely on observable inputs such as forward rates, and therefore are classified as Level 2.
Schedule of the location and amounts of pre-tax gains (losses) on cash flow hedges
The following table provides information on the location and amounts of pre-tax gains (losses) on our cash flow hedges for the periods ended June 30:

Three Months
(in millions)
Gain (Loss) Recognized in Accumulated Other Comprehensive Loss (effective portion)
 
Location of Gain Reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
 
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
Cash flow hedges - designated as hedging instruments
2016
 
2015
 
 
 
2016
 
2015
Foreign exchange forward contracts
$
(1
)
 
$
(1
)
 
Selling and general expenses
 
$
1

 
$



Six Months
(in millions)
Gain (Loss) Recognized in Accumulated Other Comprehensive Loss (effective portion)
 
Location of Gain Reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
 
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (effective portion)
Cash flow hedges - designated as hedging instruments
2016
 
2015
 
 
 
2016
 
2015
Foreign exchange forward contracts
$
2

 
$

 
Selling and general expenses
 
$
2

 
$


Change in unrealized gains (losses) in accumulated other comprehensive loss
The activity related to the change in unrealized gains (losses) in accumulated other comprehensive loss was as follows for the periods ended June 30:
(in millions)
Three Months
 
Six Months
 
2016
 
2015
 
2016
 
2015
Net unrealized gains (losses) on cash flow hedges, net of taxes, beginning of period
$
2

 
$

 
$
(1
)
 
$
(1
)
Change in fair value, net of tax

 
(1
)
 
4

 

Reclassification into earnings, net of tax
(1
)
 

 
(2
)
 

Net unrealized gains (losses) on cash flow hedges, net of taxes, end of period
$
1

 
$
(1
)
 
$
1

 
$
(1
)